Live data from Hacker News

Macron says €300B in EU savings sent to the US every year will be invested in EU

old.reddit.com

1–10 of 216 posts

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#5
Macron is making up numbers. Unless the EU member states actually impose capital controls, investors will continue to send their capital wherever it can earn the highest returns. Profitable investment opportunities in the EU remain slim and so far they seem uninterested in pursuing a growth policy.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#6
post #5

Macron is making up numbers. Unless the EU member states actually impose capital controls, investors will continue to send their capital wherever it can earn the highest returns. Profitable investment opportunities in the EU remain slim and so far they seem uninterested in pursuing a growth policy.

Maybe, but so does Trump. And that’s who these figures are really meant for.

I doubt it will make any difference though, because Trump is about as brain damaged as they come.

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#7
post #6
post #5

Macron is making up numbers. Unless the EU member states actually impose capital controls, investors will continue to send their capital wherever it can earn the highest returns. Profitable investment opportunities in the EU remain slim and so far they seem uninterested in pursuing a growth policy.

Maybe, but so does Trump. And that’s who these figures are really meant for. I doubt it will make any difference though, because Trump is about as brain damaged as they come.

Indeed it sounds a lot like Trump's bs, so Trump might buy it. It's almost like "those s**hole countries sending is their worst to eat our cats and dogs" or "subsidies we send every year to all over the world".

Re: Macron says €300B in EU savings sent to the US every year will be invested in EU

#9
post #5

Macron is making up numbers. Unless the EU member states actually impose capital controls, investors will continue to send their capital wherever it can earn the highest returns. Profitable investment opportunities in the EU remain slim and so far they seem uninterested in pursuing a growth policy.

Except in a floating exchange rate that isn’t what happens. For somebody to leave the Eurozone for the Dollar zone there has to be somebody coming in the opposite direction to exchange with.

Macron is still talking nonsense of course. The Euros never left in the first place.

Post reply on HN